Amazon, Berkshire Hathaway and JPMorgan Chase Form Employee Healthcare Partnership

Executive Summary

• Amazon, Berkshire Hathaway and JPMorgan Chase announced the formation of a partnership designed to address healthcare for the companies’ US employees. The goal is to improve employee satisfaction and reduce costs.
• The three companies plan to pursue this goal through an independent, non-profit-seeking company.
• The new company will initially focus on technology solutions designed to provide the three companies’ US employees and their families with simplified, high-quality and transparent healthcare options at a reasonable cost.